Obvy is an integrated online payment portal that simplifies transaction management for businesses by providing features such as immediate and escrow payments, delivery logistics, and marketing tools. This solution reduces the time and cost of developing payment systems, enabling companies to efficiently handle diverse transaction types without extensive technical resources.
Funding
$4.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses face challenges in efficiently managing online transactions, including integrating various payment methods, ensuring secure transactions, and handling logistics, which can be time-consuming and costly. Developing and maintaining in-house payment systems requires significant technical resources and expertise.
Solution
Obvy provides an integrated online payment portal designed to streamline transaction management for businesses of all sizes. The platform offers a comprehensive suite of features, including immediate and escrow payment options, integrated delivery logistics, and marketing tools. By consolidating these functionalities into a single solution, Obvy reduces the complexity and costs associated with developing and managing payment systems, enabling businesses to efficiently handle diverse transaction types without extensive technical resources. The platform supports various payment methods, including credit card and bank transfers, and offers options for installment payments.
Target Audience
Obvy targets businesses ranging from startups to large enterprises across various sectors that require a comprehensive solution for managing online payments and transactions.
Features
- Immediate and escrow payment options to accommodate different transaction needs
- Support for payments via credit card, bank transfer, and user balance
- Installment payment options (3, 4, or 10 times)
- Integrated delivery logistics with options for relay point or home delivery
- Generation of shipping labels and management of returns
- Advanced features such as video proof of delivery
- Customizable promotional code and voucher campaigns
- User account funding to incentivize transactions
- Advanced security solutions to prevent malicious users and fraudulent transactions
- White-label interfaces for hosted pages, including payment, identity verification, withdrawal, transaction finalization, and delivery pages
- Dispute resolution and price negotiation tools
- Automated KYB (Know Your Business) processes
- Webhooks for real-time updates and integrations